Top 10 Writers of Commercial Multiple Peril Insurance By Direct Premiums Written, 2023 |
($000)
|
Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
1 |
Travelers Companies Inc. |
$5,279,192 |
8.6% |
2 |
Chubb Ltd. |
3,244,238 |
5.3 |
3 |
Hartford Financial Services |
3,092,358 |
5.1 |
4 |
Liberty Mutual |
2,760,838 |
4.5 |
5 |
State Farm |
2,590,439 |
4.2 |
6 |
Tokio Marine |
2,517,650 |
4.1 |
7 |
Nationwide Mutual Group |
2,375,729 |
3.9 |
8 |
Auto-Owners Insurance Co. |
2,179,445 |
3.6 |
9 |
Farmers Insurance Group of Companies |
1,819,592 |
3.0 |
10 |
Berkshire Hathaway Inc. |
1,656,470 |
2.7 |
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, excluding territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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